Newsfeeds Archive - Page 3 of 38

2 minute read

Next Week’s Earnings Reports Could Be ‘Final Round’ Battle Between Hot Stock Market, Slumping Economy

April 21, 4:00 PM

The New York Fed recession probability model suggests there is a 57.7% chance of a U.S. recession in the next 12 months, the highest recession probability since 1982. However, you wouldn't know it by looking at the stock market.

GOOG

2 minute read

S&P 500 Trades Lower With Possible Recession On The Horizon, China’s Economy Grows

By Wayne Duggan

April 21, 3:58 PM

The S&P 500 traded lower on the week as the latest round of earnings reports suggest a recession could be on the horizon.

APPL

2 minute read

Labor Market Paradox: Inflation Still Far Too High, So Why Is US Wage Growth Slowing?

By Wayne Duggan

April 21, 2:25 PM

The latest consumer price index data from March indicated core CPI inflation is still around 5.6%, well above the Federal Reserve's long-term target of 2%. Meanwhile, the March jobs report revealed an unemployment rate of just 3.5%. On Friday, Bank of America economist Ethan Harris discussed the seemingly puzzling dynamic that U.S.

SPY

2 minute read

SpaceX Starship Launch ‘Still A Success’ Says Analyst, Despite Rocket Exploding After Takeoff

By Wayne Duggan

April 21, 10:50 AM

On Thursday, SpaceX conducted the first-ever test launch of its Starship spacecraft aboard a Super Heavy rocket. Unfortunately, the rocket exploded less than four minutes after takeoff.

TSLA

1 minute read

This Day In Market History: CME Launches S&P 500 Futures

By Wayne Duggan

April 21, 9:13 AM

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On April 21, 1982, S&P 500 index futures contracts began trading on the Chicago Mercantile Exchange for the first time.

2 minute read

Boeing’s ‘Worst Enemy’ Is Themselves: Analyst Breaks Down Latest 737 Max Problems

By Wayne Duggan

April 17, 3:16 PM

Boeing Co (NYSE: BA) shareholders have dealt with one headache after another over the past several years, and the company recently added yet another disappointment to the list when it announced that more manufacturing flaws with the 737 Max will reduce production.

2 minute read

10 Reasons The S&P 500 Could Be Headed Higher In 2023

By Wayne Duggan

April 17, 3:03 PM

Despite rising interest rates, elevated inflation, a banking crisis and fears over a potential economic recession, the SPDR S&P 500 ETF Trust (NYSE: SPY) is up 7.9% year-to-date.

SPY

2 minute read

AMC Entertainment Is Most Expensive Stock For Short Sellers, But What Other Stocks Top The List?

By Wayne Duggan

April 17, 1:38 PM

With its persistent net losses, a recent reverse stock split, massive shareholder dilution and nearly $5 billion in debt, AMC Entertainment Holdings Inc (NYSE: AMC) may seem like an obvious candidate for short selling.

AMC

2 minute read

Penn Entertainment Analyst Downgrades Barstool Sports Owner, Names 2 Gaming Stocks To Buy

By Wayne Duggan

April 17, 11:05 AM

PENN Entertainment Inc (NASDAQ: PENN) has lagged the S&P 500 in the past year, but one analyst said Monday that investors looking to buy the dip have better opportunities elsewhere.

CHDN

2 minute read

Inflation Eases, S&P 500 Cools As Banks Kick Off Q1 Earnings Season

By Wayne Duggan

April 14, 4:07 PM

The SPDR S&P 500 ETF Trust (NYSE: SPY) logged a weekly gain following encouraging inflation data and a stronger-than-expected start to first-quarter earnings season.

BAC